Cointime update: Micron Technology has halted construction of a $4.5 billion memory chip plant in Taoyuan, Taiwan, due to an ongoing labor dispute with local unions. The company has largely stopped work on the site and informed local officials and a supplier of the pause, with management concerned that local labor agreements could be overturned, creating project uncertainty. The plant was intended as a key production base for AI-critical memory components.
Micron Pauses $4.5B Taiwan DRAM Plant Construction Over Labor Dispute
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